Casey's General Stores Inc (CASY) : Fruth Investment Management reduced its stake in Casey's General Stores Inc by 2.1% during the most recent quarter end. The investment management company now holds a total of 14,149 shares of Casey's General Stores Inc which is valued at $1,646,519 after selling 304 shares in Casey's General Stores Inc , the firm said in a disclosure report filed with the SEC on Oct 12, 2016.Casey's General Stores Inc makes up approximately 0.83% of Fruth Investment Management’s portfolio.
Other Hedge Funds, Including , Nisa Investment Advisors reduced its stake in CASY by selling 500 shares or 1.64% in the most recent quarter. The Hedge Fund company now holds 30,030 shares of CASY which is valued at $3,494,591. Casey's General Stores Inc makes up approx 0.05% of Nisa Investment Advisors’s portfolio.Vontobel Asset Management Inc boosted its stake in CASY in the latest quarter, The investment management firm added 915,147 additional shares and now holds a total of 1,239,978 shares of Casey's General Stores Inc which is valued at $145,933,011. Casey's General Stores Inc makes up approx 1.16% of Vontobel Asset Management Inc’s portfolio. Simplex Trading added CASY to its portfolio by purchasing 5,841 company shares during the most recent quarter which is valued at $683,105. Casey's General Stores Inc makes up approx 0.09% of Simplex Trading’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in CASY by selling 15,613 shares or 80.48% in the most recent quarter. The Hedge Fund company now holds 3,787 shares of CASY which is valued at $442,246.Washington Trust Bank reduced its stake in CASY by selling 3 shares or 12.0% in the most recent quarter. The Hedge Fund company now holds 22 shares of CASY which is valued at $2,569.
Casey's General Stores Inc closed down -1.32 points or -1.12% at $116.37 with 2,78,503 shares getting traded on Tuesday. Post opening the session at $117.03, the shares hit an intraday low of $116.11 and an intraday high of $117.93 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Casey's General Stores Inc reported $1.70 EPS for the quarter, missing the analyst consensus estimate by $ -0.11 based on the information available during the earnings call on Sep 6, 2016. Analyst had a consensus of $1.81. The company had revenue of $1970.00 million for the quarter, compared to analysts expectations of $1978.28 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.57 EPS.
Many Wall Street Analysts have commented on Casey's General Stores Inc. Jefferies Upgraded Casey's General Stores Inc on Sep 30, 2016 to ” Buy”, Price Target of the shares are set at $134.Shares were Reiterated by Deutsche Bank on Sep 12, 2016 to “Buy” and Lowered the Price Target to $ 135 from a previous price target of $141 .Shares were Reiterated by RBC Capital Mkts on Sep 8, 2016 to “Outperform” and Lowered the Price Target to $ 143 from a previous price target of $145 .
Casey’s General Stores Inc. and its wholly owned subsidiaries operate convenience stores under the name Casey’s General Store in 14 Midwestern states in Iowa Missouri and Illinois. The Company also operates one store selling primarily tobacco products. The stores carry food including freshly prepared foods such as pizza donuts and sandwiches beverages tobacco products health and beauty aids automotive products and other nonfood items. As of April 30 2015 the Company operated 1878 stores. The Company operates a central warehouse Casey’s Distribution Center in Ankeny Iowa through which it supplies grocery and general merchandise items to its stores. The Company’s subsidiary Casey’s Retail Company operates stores in Illinois Kansas Minnesota Nebraska North Dakota and South Dakota. Its subsidiary Casey’s Marketing Company owns and has responsibility for the operation of stores in Arkansas Indiana Iowa Kentucky Missouri Oklahoma Tennessee and Wisconsin.